article thumbnail

Record-Keeping Beyond Charts

Nurse Practitioners in Business

And even though medical records are central to any practice, other documents must also be managed. Every aspect of your practice generates records that must be organized, protected, and retained for specific periods, including financial and employee records, vendor contracts, and OSHA documentation.

article thumbnail

Don’t Let Tax Season Sneak Up: Use This Checklist

Nurse Practitioners in Business

Now, lets go through the checklist #1 Gather Essential Business Documents While this is an essential step, it may take the longest. Make sure you have all the necessary financial documents in one place. Below are the business documents you may need to prepare your return. Retain copies of all tax documents in case of an audit.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

5 Risk Control Considerations as Nurse Practitioners’ Scope of Practice Expands

Minority Nurse

Courts increasingly recognize NPs as independent providers, which affects how liability is assigned in medical malpractice cases. The report also found that the distribution of malpractice claims against NPs involving diagnosis-related allegations rose from 32.8% of claims in 2017 to 37.1% to 35.3% (CNA & NSO, 2022).

article thumbnail

Training Your Team to Prevent Documentation Mistakes 

American Medical Compliance

When documentation mistakes happen, the costs can be steep: denied claims, billing delays, compliance risks, and even patient safety issues. In fact, documentation issues have been estimated to play a role in 10–20% of medical malpractice lawsuits , as reported in the Western Journal of Emergency Medicine. The good news?

article thumbnail

Virtual Job Opportunities for Nurses: Careers Beyond the Bedside

Diversity Nursing

Remote utilization review Nurses and claims analysts ensure healthcare services are appropriately provided and documented, reducing fraud and improving efficiency. Legal Nurse consultants assist attorneys by reviewing medical records for malpractice cases, while healthcare consultants help improve clinical workflows and policies.

article thumbnail

10 Best Remote Nursing Jobs in 2024: A Comprehensive Guide

Every Nurse

They may be involved in medical malpractice cases, personal injury lawsuits, or workers’ compensation claims, providing valuable insights that help bridge the gap between medical and legal professionals. Legal nurse consultants review medical records, offer expert opinions, and assist attorneys in medical-related cases.

article thumbnail

Is Your Practice Ready for Growth?

Nurse Practitioners in Business

Scope of Practice, Licensing, Malpractice Is the service within your scope of practice? How would it impact your malpractice coverage? Improve Coding Accuracy and Documentation If your billing is in-house, you can boost revenue by ensuring that coding accurately reflects the complexity of care you provide.